The Foundation for Higher Income – Pick, Plan and Execute like a Motherfucker

As you know, Snapchat was just sold for $24 billion or something like that. But they haven’t made any money. Many people are doing Amazon FBA the same way. They’re scaling it up, selling stuff super, super cheap. But in terms of profit, it’s not really doing that well.

I had someone I was helping out this weekend who got themselves into a situation by building a company first and focusing on profitability last, which is always crazy to me. A lot of people have been talking about Snapchat.

As you know, Snapchat has not made a profit, which could work out for them. Maybe it will, maybe it won’t. Historically, I’ll speak from my experience. Everything that I did that did not make a profit, failed. Businesses 1-5 failed for me. Everything after that did make a profit.

Here’s the thing. You’ve got to chase service first. You’ve got to find a group of people who need what you’ve got to sell and find them first. You also have to have some profits. One of the things people do is give away their stuff at first, just to get started. That can create some problems.

Amazon did not make a profit for a long time. They made a lot of money for years and they chose not to turn it into profit because they wanted to grow the company.

Even though Amazon made money, they did not want to liquidate money as profit and pay taxes. They chose to put it back into the company to grow the asset, which is the business.

There are many people who are not playing Amazon’s game, because they’re not making the money.

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For those of you who just came in, tonight, the Foundation for Higher Income is available. You need to get in on that deal. You’ll save yourself a lot of money. It’s a whole new platform. We’ll start just before Friday. We’re going to get you on the phone and onboard you, and talk about how this is going to work.

For a long time, I did that one thing and that gave me the ability to do a lot of other stuff. You’ve got to pick something.

Go hard as you can and leave everything else to the side. There are only so many hours in the day. Another thing we’re going to talk about in the Foundation of Higher Income is how to pick the right business.

I see a lot of low budget shit going on and this really keeps people stuck.

If you make $100,000, near 50% goes to taxes.

Question: You say pick, pick what?

Answer: When I say pick, you’ve got to pick something you can do long-term. Ok? Let’s use the relationship analogy. You meet this girl and she’s awesome. You like having sex with her, right? But, that’s the only thing you like to do with her. You don’t want to hang out. You don’t want to have dinner with her. You don’t want to talk to her. At some point, that shit’s going to get old. That’s how some people pick their business. They’ll get something sexy and there’s only one thing they like about it.

Essentially, you have to create something you enjoy. I don’t have to take a vacation away from it to enjoy life.

Question: How do you pick something?

Answer: It depends on where you are in the country. It depends on what you’re doing.

Question: In your opinion, what internet business is best to scale?

Answer: One that you fully appreciate and respect. If you love Twitter, you can win on Twitter. If you love Instagram, you can win on Instagram. If you love Facebook, you can win on Facebook.

It’s not so much the platform or the business, it’s the person on the platform or business. I like YouTube. It works for me.

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In the Foundation for Higher Income and other courses, just to be clear, for those of you not on the email list; you missed the deal. Here’s the thing, you’re going to get every course that’s going to happen in the Hustler’s Kung Fu Business School. Every course is going to come with a special t-shirt. Everybody who got in yesterday and for folks that get in tonight by 11:59, you still get those t-shirts. You might want to go below the video and get that video tonight.

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There are so many ways to make money if you’re open to making money.

This is something I want you guys to understand. There’s some 25-year old guy who’s selling t-shirts, making $1 million per month. He’s not on social media. He’s not on Instagram. He’s not putting up quotes. He’s not standing next to his plane, because right now he’s working his ass is at work.

I can speak to the Upscale Garage Sale business. At that time, I didn’t have time for YouTube. We were very busy buying units and selling units.

Question: Did you think you were going to make it before the numbers supported the evidence?

Answer: I really didn’t know if this shit was going to work. I used to work in the hospital, right? I would see a lot of people who regretted the stuff they never did. I hear that over and over again. So, that was my focus. It wasn’t so much I knew I was going to win. I knew I was going to try it. So, I didn’t want to live with that regret. It just ate people up.

Question: What is your idea about choosing the sex industry to become an entrepreneur?

Answer: Fine, if that’s your thing and you can deal with the moral judgment that is coming, and there will be moral judgment coming! Do what you want.

It’s good to remember that only 8-9% of all commerce is done online. By the time you learn online sales, you could have built a million-dollar business out here. Why do you think I started Mack Daddy Media, which is a media agency? Essentially, I plan to do a lot of business locally.

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For those of you who want to be part of the Foundation of Higher Income, the first deal was for folks on the email list. That’s gone.

The second deal is for folks on YouTube. The next jump is going to $1000. Now, it’s $699. That’s the deal on the channel now. It expires at 11:59 tonight.

I’ll leave it at $999 for a while.

I’ll put up a payment plan for $200 per month. You’ll save if you buy tonight.

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